Nevada Housing Division understands that purchasing a home can feel out of reach for many Nevadans. So we’ve made it our mission to help more Nevadans purchase a home of their own through our Home Is Possible program.

Program Benefits:

  • Get up to 5% of the loan value to apply toward down payment or closing costs
  • Attractive 30-year fixed interest rate
  • No first-time homebuyer requirement
  • Financing available for manufactured homes
  • Available Statewide

Eligibility Requirements:

  • Qualifying income up to $140,000
  • Home price up to $766,550
  • Minimum credit score of 640 (680 for manufactured homes)
  • Maximum debt ratio for government loans (FHA, USDA, VA): 50% if 680+ credit score / 45% if less than 680 credit score / 45% for manufactured homes. For conventional loans: 50% with 640+ credit score.
  • Must not own property at time of closing (this includes a non-purchasing spouse)
  • Homebuyer education course required
  • Must meet standard underwriting requirements
  • Must live in home as primary residence

Get started by finding an approved lender today.